GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Elysee Development Corp (OTCPK:ASXSF) » Definitions » Gross Profit

Elysee Development (Elysee Development) Gross Profit

: $0.02 Mil (TTM As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

Elysee Development's gross profit for the three months ended in Dec. 2023 was $-0.33 Mil. Elysee Development's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $0.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Elysee Development's gross profit for the three months ended in Dec. 2023 was $-0.33 Mil. Elysee Development's Revenue for the three months ended in Dec. 2023 was $-0.33 Mil. Therefore, Elysee Development's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Elysee Development had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Elysee Development was 98.44%. The lowest was 79.41%. And the median was 98.25%.


Elysee Development Gross Profit Historical Data

The historical data trend for Elysee Development's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Elysee Development Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 3.00 3.46 0.81 0.03

Elysee Development Quarterly Data
Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 -0.02 0.27 0.09 -0.33

Competitive Comparison

For the Asset Management subindustry, Elysee Development's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elysee Development Gross Profit Distribution

For the Asset Management industry and Financial Services sector, Elysee Development's Gross Profit distribution charts can be found below:

* The bar in red indicates where Elysee Development's Gross Profit falls into.



Elysee Development Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Elysee Development's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.025 - 0
=0.03

Elysee Development's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=-0.327 - 0
=-0.33

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Elysee Development's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.33 / -0.327
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Elysee Development  (OTCPK:ASXSF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Elysee Development had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Elysee Development Gross Profit Related Terms

Thank you for viewing the detailed overview of Elysee Development's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Elysee Development (Elysee Development) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Elysee Development Corp is a diversified investment and venture capital firm with a focus on publicly traded companies in the natural resource sector. is an investment issuer with an actively managed investment portfolio of common shares and other securities, and investments cover a broad range of activities with a focus on natural resources and in particular the precious metals sector. Its investment activities are currently concentrated on junior exploration and mining companies active in the gold and silver sector as well as several technology companies.

Elysee Development (Elysee Development) Headlines